If there is one lesson that I think many players will garner from CAPS it is respect for the S&P500 and index investing. For many a very worthwhile lesson. For example:

I'm looking at ending a couple of picks that I made a year ago. They were CVS and WAG, and I selected them on the theory that they were oversold after the announcement by Wal-mart that they would offer very cheap generics of some drugs. CVS is ahead of the S&P and WAG behind - but I selected them for a 1 year period and that period is nearly up.

Forgetting the companies and their selection, what I can't help but notice however is the S&P! It is up ~12% over this period, despite it's recent weakness and volatility. That's a pretty darn good year (TTM), and I bet most investors with the last 3 months staring at them don't see it that way. Well, they should, and I bet a good few are realizing it largely due to CAPS.

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.

Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.